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Prenetics Acquires 100 Bitcoin, Boosting Holdings to 378 BTC

Prenetics Acquires 100 Bitcoin, Boosting Holdings to 378 BTC

David Beckham-backed Prenetics expands its Bitcoin treasury following an aggressive accumulation strategy, reinforcing its dual growth focus on health science and cryptocurrency assets.

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Fact Check
The assessment is "likely_true" based on a strong consensus among multiple high-authority and highly relevant sources. A significant majority of the provided sources (six out of ten) explicitly and consistently state that Prenetics acquired 100 Bitcoin, bringing its total holdings to 378 BTC. These sources include reputable financial news outlets like Business Insider, Investing News, and Bitcoin Magazine, which appear to be reporting on a specific company announcement.There is, however, conflicting evidence from Prenetics' own investor relations website. Three primary sources from the company itself cite total holdings of 275 or 277 BTC. This contradiction can be plausibly explained by timing. The figures of 275/277 BTC likely represent the company's treasury holdings *before* the strategic acquisition of 100 BTC. The new total of 378 BTC is arithmetically consistent with the previous holdings (278 BTC + 100 BTC = 378 BTC). It is common for specific news announcements to be reported by the media before a company's general website information is updated. The fact that a press release regarding a proposed public offering also announced the acquisition of 100 Bitcoin adds significant weight to the claim's veracity.Therefore, the overwhelming weight of consistent reporting on this specific acquisition event makes the statement highly probable, with the contradictory information being attributable to outdated figures on the company's website.
Summary

Prenetics Global Limited, backed by David Beckham, has purchased 100 Bitcoin, continuing its aggressive digital asset accumulation strategy initiated in June 2025. This acquisition brings the Nasdaq-listed health science firm's total Bitcoin holdings to 378 BTC, valued at roughly $41 million. The move follows an oversubscribed $44 million equity raise involving high-profile investors including Kraken and tennis champion Aryna Sabalenka. CEO Danny Yeung emphasized the company's dual focus on scaling its IM8 wellness brand and building a substantial Bitcoin treasury, with a long-term target of $1 billion in both annual revenue and Bitcoin holdings within five years.

Terms & Concepts
  • Bitcoin (BTC): A decentralized digital currency that enables peer-to-peer transactions without central authority, maintained through blockchain technology.
  • Liquidity: The availability of liquid assets such as cash or easily convertible investments for immediate use without impacting their market value.
  • Annual Recurring Revenue (ARR): A metric representing the yearly subscription-based or repeatable revenue generated by a business, often used for growth tracking.